Skip to main content

Long Term Game

Hyderabad-based VST Industries is popular with mutual funds, which held 8.58% stake end June 2015. The business comprises cigarettes and unmanufactured tobacco. Presence is largely in the value or affordable segment, with brands such as Moments, Special and Charms. Discriminatory and exponential excise hike on 64-mm cigarette in FY 2015 adversely affected the sales volume, which declined 6.9% to 7,540 million pieces. The UK-based British American Tobacco owns 32.16% stake, with a representative on board. There is no debt on the balance sheet, with current investment of Rs 171.2 crore and cash of Rs 42 crore.

NRB Bearings is another stock popular with the institutional investors. Mutual funds held 15.42% stake end June 2015. Incorporated in 1965, the leading manufacturer of ball and roller bearings commands a market share of around 13% in the domestic organized sector. The three subsidiaries are SNL Bearings, NRB Bearings (Thailand) and NRB Bearings Europe GmbH. In a positive development, NRB Bearings (Thailand) reported operating profit in FY 2015. The leveraged balance sheet, with a debt-to-equity ratio of 1.36 times, is a negative. Bonus shares in the ratio of 1:1 were issued in CY 2010.



Comments

Post a Comment

Popular posts from this blog

Best Buy For Monday Upper Circuit Expected TCI FINANCE

*Intraday & Short Term News For Monday* *Fii And Dii News*   *TCI FINANCE LTD (501242 & NSE) (31)*   Incorporated in 1973, TCI Finance Ltd (TCIFL) is a Non-Banking Finance Company (NBFC) registered with the RBI and engaged in the business of Inter-Corporate Deposits, investment in equities of bodies corporate etc.   The Company was promoted by Mr. Mahendra Agarwal, who is also the Managing Director and CEO of Gati Ltd, a pioneer in express distribution and supply chain and promoted by TCFIL   The Rs.2 paid-up share of Gati Ltd currently trades at Rs.113. TCIFL has one subsidiary - ITAG Business Solutions Ltd engaged in the business of Knowledge Process Outsourcing (KPO) in the domain of Intellectual Property Services.   *It is co-promoter of GATI LTD. Company is holding 55,12,455 shares (5.09%) stake in GATI LTD. At CMP value of investments is around Rs.62.3crore. Equity is Rs.12.87crore. Thus value of investment works out to Rs.48.4 per share & market cap of compan
1 comment
Read more

Danlaw Technologies India Ltd: For multi-bagger gains (BSE Code: 532329) (CMP: Rs. 60.75) (FV: Rs.10)

The earnings season so far has been weak and worries over domestic growth continue to weigh on the market sentiment which has led the markets back on the downward path.. A value investor, however, need not worry about the broad markets as value stocks perform better and post good results. One such value-pick is Danlaw Technologies India Ltd. (DTIL). Company background: DTIL is the offshore technology and product development center of its parent company - Danlaw Incorporated, founded by Mr. Raju Dandu and Mr. Lloyd Lawrence in Michigan, USA in 1984. DTIL’s mission is to provide high quality services and products in Automotive Electronics, develop R&D driven Signal Processing technologies for communication and control, configure solutions and provide exceptional Information Technology (IT) services in the areas of education, health, banking and e-governance and provide world-class products and solutions for secured access through biometric access control technologies with intellige
1 comment
Read more

Caprihans India Ltd. (509486) (85)

Caprihans India Limited is one of the largest manufacturers of PVC Films in India and has got expertise of more than 35 years in this field. It manufacturers a wide variety of PVC films both Flexible & Rigid and also Sheets/Boards made from other polymers like ABS, PP, HDPE and Rigid PVC. The films are calendared while the sheets/Boards are extruded. Caprihans India Limited is a Public Limited company and became a part of EVC group in 1997. EVC was acquired by the  INEOS group in 2001. The INEOS Films business was acquired by Bilcare in 2010. Caprihans India Limited is today part of Bilcares´ Solutions Division. The company has 4 calendaring lines, 3 extruder lines, 2 lamination and coating lines as also printing and embossing lines at its production units at Thane and Nasik, near Mumbai. It has an equity base of just Rs.13.13 crore that is supported by reserves of around Rs.99.93 crore which is 7.61 times higher than equity. It has a share book value of Rs.86.09 & price to
Post a Comment
Read more